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JPMorgan Chase & Co. Chief Executive Jamie Dimon criticized plans by New York's left-leaning mayor Zohran Mamdani to slap more taxes on the rich, arguing the move risks doing further damage to the city's status as a business hub.
May 21
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Representative Mike Lawler, a key negotiator behind the temporary increase to the cap on state and local tax deductions, pushed back on efforts to expand it.
May 20
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Plus, Xero announces XeroForce custom AI agent builder; Emburse releases new AI purchasing agent; and other news and updates from the accounting tech world.
May 15
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The industry framing of "what can AI do?" is mismatched with how AI is deployed today, and the conclusions can leave firms a tax season behind their peers.
May 14
Accrual -
The IRS provided more details about the settlements it's offering for a limited time in syndicated conservation easement and historic preservation claims.
May 13
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The Top 100 Firm acquired a Miami-based firm that specializes in international tax consulting, estate and trust matters, and tax planning.
May 12
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The American Institute of CPAs wants more information on a provision of the One Big Beautiful Bill Act imposing an excise tax on tax-exempt organizations.
May 11
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The Internal Revenue Service plans to offer settlements in syndicated conservation easement cases, but only for a limited time, as it unveils an updated website.
May 6 -
For retirement-age clients relocating to the Sun Belt, the savings they are counting on may not exist. Have a conversation before they sign the moving contract.
May 5
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Trump took his economic pitch to The Villages in Florida where he promoted a deduction for seniors that helps reduce their tax burden.
May 4
